Add Zee Business as a Preferred Source

Wipro Q4FY26 Results: IT major Wipro reported a rise in profit for the March quarter, coming in slightly ahead of expectations, even as revenue growth remained modest and below estimates. Net profit stood at Rs 3,522 crore, up around 12–13 per cent from Rs 3,145 crore in the previous quarter and marginally higher than the estimated Rs 3,516 crore. The growth in profit was supported by better margins and a favourable base.
Revenue for the quarter came in at Rs 24,236 crore, lower than the estimated Rs 24,399 crore. On a sequential basis, revenue grew 2.9 per cent, compared with expectations of 3.6 per cent, indicating a gradual recovery in demand.
Despite the softer revenue performance, profitability remained supported. Estimates had pegged EBIT at Rs 4,105 crore with margins at 16.8 per cent, up from 14.8 per cent in the previous quarter. The stronger profit suggests margins have improved during the quarter.






Deal wins continue to be a key factor. Estimates had indicated total contract value at around USD 3.5 billion, with large deals expected in the range of USD 850 million to USD 1 billion. Management commentary on deal flow will be closely tracked.
The company’s board approved a Rs 15,000 crore buyback at Rs 250 per share. The move is expected to support investor sentiment and reflects the company’s focus on returning cash to shareholders.
The quarter reflects steady performance, with profit holding up better than revenue. While top-line growth remains moderate, margins and the buyback announcement provide some support, keeping the overall outcome broadly in line with expectations.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
Shweta Birendra Shukla is a Senior Sub-editor at Zee Business, born and raised in Mumbai—the city that never sleeps and the financial capital that never stops buzzing. With a bachelor’s ...Read More
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
